Global Sucrose Esters Market, By Application (Food, Personal Care Products, Detergents and Cleansers, Pharmaceuticals, Agrochemicals), Form (Powder, Liquid, Pellet), Function (Aeration, Antimicrobial Property, Emulsification, Protein and Starch Interaction and Controlled Sugar Crystallization), HLB (high HLB (Good Water in Oil Emulsifier), medium HLB (Good Wetting Agent), Low HLB (Good Oil in Water Emulsifier)), Fatty Acid (Lauric, Stearic, Palmitic, Erucic, Mixed, and others) – Industry Trends and Forecast to 2029.
Sucrose Esters Market Analysis and Size
Obesity, diabetes, and metabolic syndrome have all become major public health issues due to their links to an imbalanced calorie intake. Sugar substitutes play an essential role in reducing calories as part of an overall healthy diet and physical activity regimen to combat the conditions mentioned above.
Data Bridge Market Research analyses that the sucrose esters market was valued at 85.55 million in 2021 and is expected to reach the value of USD 137.39 million by 2029, at a CAGR of 6.10% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Sucrose Esters Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Application (Food, Personal Care Products, Detergents and Cleansers, Pharmaceuticals, Agrochemicals), Form (Powder, Liquid, Pellet), Function (Aeration, Antimicrobial Property, Emulsification, Protein and Starch Interaction and Controlled Sugar Crystallization), HLB (high HLB (Good Water in Oil Emulsifier), medium HLB (Good Wetting Agent), Low HLB (Good Oil in Water Emulsifier), Fatty Acid (Lauric, Stearic, Palmitic, Erucic, Mixed, and others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
DuPont (U.S.), ADM (U.S.), Tate & Lyle (U.K.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), Roquette Frères (France), PureCircle Ltd (U.S.), MacAndrews & Forbes Holdings Inc. (U.S.), J.K. Sucrose Esters Inc. (China), and Ajinomoto Co. Inc. (Japan) J.K. Sucrose Esters Inc. (China), Ajinomoto Co. (Japan), The NutraSweet Co. (U.S.), Südzucker AG (Germany), Guilin Layn Natural Ingredients Corp. (China), Zhucheng Haotian Pharm Co., Ltd. (China), HSWT France SAS (France)
|
|
Opportunities
|
|
Market Definition
Sucrose esters are a unique class of emulsifiers formed by esterifying sucrose with edible fatty acids derived from palm oil. They are used as a low-fat substitute in a variety of applications. Sucrose esters, on the other hand, are derived from edible fatty acids and sucrose. Sucrose esters have a distinct range of high quality and are exceptional non-ionic emulsifiers. Because sucrose esters have good conditioning and stabilising properties, they have a wide range of applications in agricultural, food, personal care, fine chemical, detergent, and pharmaceutical industries.
Global Sucrose Esters Market Dynamics
Drivers
- Growing trend of using low calorie sweeteners and sugar free alternatives
Rising consumer health consciousness and disposable income in developing countries have resulted in increased demand for sugar substitutes such as sucrose esters, due to its calorie-free property. People with increased blood sugar and diabetic patients prefer calorie-free sweeteners, which fuels the sucrose esters market's growth. The food and beverage industry's constant demand for sucrose esters as a sweetener for various food products such as health drinks, juices, bakery products, and confectionary has significantly contributed to the growing demand for the global Sucrose Esters market. Sucrose esters sweetener is used as a non-caloric sweetener in a variety of food recipes, increasing demand for the global sucrose esters market from households and restaurants.
- Growing application from various end user industries
The increased use of sucrose esters in various end-use applications such as pharmaceuticals, cosmetics, food, feed, ethanol production, and others is also driving the market. It can be used as a water-retaining agent in personal care and cosmetics serums and as a nutritional supplement in pharmaceutical products such as syrups and injections. Strong R&D combined with technical capabilities has put the company in the lead, and as a result, the demand for crystalline sugar has grown over time.
Opportunity
Growing technical innovation in the food processing sector and rising demand for nutritional snack bars will augment market growth. Sucrose esters manufacturers are expected to benefit from price fluctuations in sugar. As a result of these factors, the market is expanding with the number of diabetic patients and consumer health consciousness.
Restraints
However, many scientists believe that excessive sucrose esters consumption can lead to serious health problems such as type II diabetes, heart disease, obesity, and in some cases can led to cancer. The decreased availability of sucrose esters, combined with the development of natural sweeteners, has shifted consumer preferences toward natural sweeteners, limiting market growth.
This sucrose esters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sucrose esters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Sucrose Esters Market
The pandemic of COVID-19 disease is becoming a major impediment to the Global economy and impacts the growth of the food and beverage industry. Food manufacturers have reduced production of major food products. Furthermore, as people seek solutions to improve their overall health and well-being, there is a rapid increase in demand for less sugary and immunity-boosting products because of the COVID-19 pandemic, most health-conscious customers have turned to low-calorie or sugar-free foods. As a result of rising health consciousness and high demand for sugar-reduced solutions among the Global population, manufacturers and product formulators have been forced to use sucrose esters.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent development
- Tate & Lyle will release the VANTAGE sweetener solution design tools in July 2020. It is a collection of new and innovative sweetener solution design tools and an education programme for creating sugar-reduced food and drinks with low-calorie sweeteners.
- In July 2018, ADM and Aston Foods (Russia) formed a joint venture in Russia for sweeteners and starches. This aided the company's expansion into the Russian sucrose esters market.
Global Sucrose Esters Market Scope
The sucrose esters market is segmented on the basis of application, form, function, HLB and fatty acid. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Food
- Personal Care Products
- Detergents and Cleansers
- Pharmaceutical
- Agrochemicals
Form
- Powder
- Liquid
- Pellet
Function
- Aeration
- Antimicrobial Property
- Emulsification
- Protein and Starch Interaction
- Controlled Sugar Crystallization
HLB
- High HLB (Good Water in Oil Emulsifier)
- Medium HLB (Good Wetting Agent)
- Low HLB (Good Oil in Water Emulsifier)
- Lauric
- Stearic
- Palmitic
- Erucic
- Mixed
- others
Sucrose Esters Market Regional Analysis/Insights
The sucrose esters market is analysed and market size insights and trends are provided by country application, form, function, HLB and fatty acid as referenced above.
The countries covered in the sucrose esters market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Europe accounted for the vast majority of market share because of the presence of key market players, significant investment in R&D, technologically advanced methods of production, and the availability of raw materials in the region. The advancement of pharmaceuticals through the use of natural sugar has proven to be the most promising for market growth.
Asia-Pacific region accounted for the second-largest sucrose esters market because of increased use in the pharmaceutical and food and beverage industries. China leads the market due to the presence of market key players and the country's large population, whereas India is the fastest-growing market due to the use of innovative manufacturing techniques and rising income levels.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sucrose Esters Market Share Analysis
The sucrose esters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sucrose esters market.
Some of the major players operating in the sucrose esters market are:
- DuPont (U.S.)
- ADM (U.S.)
- Tate & Lyle (U.K.)
- Ingredion Incorporated (U.S.)
- Cargill Incorporated (U.S.)
- Roquette Frères (France)
- PureCircle (U.S.)
- MacAndrews & ForbesIncorporated. (U.S.)
- JK Sucrose Esters Inc. (China)
- Ajinomoto Co. Inc (Japan)
- The NutraSweetM Co. (U.S.)
- Südzucker AG (Germany)
- Guilin Layn Natural Ingredients Corp. (China)
- Zhucheng Haotian Pharm Co., Ltd. (China)
- HSWT (France)
SKU-